The most populous country in the world is China (population 1.44 billion). As one might expect, China also has the largest number of houses (roughly 658 million).
The official residence of the Sultan of Brunei, Hassanal Bolkiah, Istana Nurul Iman Palace is by far the world's biggest home with its 2.15 million square feet of space.
The Keret house in Poland is the smallest and slimmest house in the world, designed by architect Jakub Szczesny. The semi-transparent structure was built between two existing buildings. The house is on a plot that is 92 centimeters at the narrowest part and 152 centimeters at the widest part.
Hong Kong has gained the reputation of having some of the tiniest and most costly apartments in the world, according to Bloomberg. According to a 2021 Bloomberg report, some apartments in Hong Kong are smaller than parking spaces but cost almost half as much as an average home in the city.
What is the average house size by home type? Depending on the date, the average Australian home is between 232-252 square metres in the house area. Interestingly, some sources such as the ABS the average house size has risen since 2020, whereas some like CommSec believe houses have gotten smaller in the last few years.
The only countries where it's even harder to become a homeowner are Switzerland, China, Japan, France and Kenya. The global property study by Money.co.uk found that the average age of a first-time buyer in the UK is now 34 years old. That's a full six years older than it was in 2007.
The world's best country to live in is Sweden, as it ranked highest on the world report Quality of Life Index that measured attributes ranging from economic stability and progressivism to innovation and geographical attractions.
Sweden. Sweden is the top country in 2022 best quality of life rankings. The country stands out in the ranking of quality of life for health systems and well-developed public education, security, economic stability, and politics.
Built 1148. Saltford Manor House, a Grade II listed building of Norman origin, is thought to be the oldest continuously occupied private house in England.
Istana Nurul Iman Palace, the official residence of the Sultan of Brunei, Hassanal Bolkiah, is the largest house in the world, spread over 2.15 million square feet.
Monaco topping the list of the most expensive property markets in the world should come as no surprise, with the French principality long regarded as a playground for the global elite.
To date, the title for the most expensive house in the world is held by the Buckingham Palace in London. The larger-than-life property (which cannot be sold) is over 200 years old and is currently owned by King Charles III after the demise of the Queen of England, Elizabeth II.
Kaufmann House - Fallingwater, Bear Run (USA), 1935-38. The house on the waterfall is perhaps the most famous house in the world and everyone, not just insiders or architecture lovers, has at least heard of it.
According to the United Nations, Australia is the second-best country in the world to live, due to its excellent quality of life index. The UN establishes a qualification, also known as the Human Development Index, based on an annual survey of social progress and economic indexes of the 187 countries.
Regionally, it is notable that several countries in Western Europe, including Switzerland, Denmark, and the Netherlands, consistently rank among the freest countries in the world. The Nordic countries, such as Sweden, Finland, and Iceland, also excel in terms of freedom.
Why is Sydney property so expensive? Price growth in Sydney's housing market has been fuelled by population growth, an undersupply of housing and higher levels of investor activity. Geographical constraints and planning restrictions have also limited the expansion of the land stock suitable for housing.
Australia's most expensive suburbs by median house price are all concentrated in Sydney, the most expensive city in Australia, and one of the most expensive in the world.
Monaco. Monaco tops the list of the most expensive countries. The European country is the most expensive to live in, with a cost of living of $3,585 per month.
Abandoned houses are increasing in the country due to Japan's graying and declining population. There were some 8.49 million unoccupied houses across Japan in 2018, up about 1.5 times from 1998 and accounting for 13.6% of all homes, according to a survey by the Ministry of Internal Affairs and Communications.
Though many municipalities have put new taxes in place to incentivize owners to either demolish or maintain homes, a decreasing Japanese population has left many akiyas unclaimed. When this happens, the government takes ownership and looks to auction off or sell the home, often for little money.
Often, they were already homeowners. Although the inherited house may contain many fond memories, for various reasons (property taxes, maintenance costs, inconvenient location), it might not make much sense to keep the inherited house, and this leads to an oversupply, including free houses.